What makes this proposal especially galling is the acknowledgement by the writer, Mark Pinsky, that the problems facing the print media have more to do with technological innovation -- the rise of the internet -- than with general economic conditions. Indeed, he flatly states that "ink-on-paper periodicals are never coming back." If that's so (and I don't dispute it), then why shouldn't these former newspapermen and -women be looking for a new line of work as every other displaced worker is required to do?
For Mr. Pinsky, the answer to that question relates to the invaluable contribution an army of federally-subsidized writers could make in documenting the socioeconomic trends that have somehow escaped the notice of free-enterprise journalism. Apparently nostalgic for the left-wing output of the depression-era Federal Writers Project, he writes:
This time, the FWP could begin by documenting the ground-level impact of
the Great Recession; chronicling the transition to a green economy; or capturing
the experiences of the thousands of immigrants who are changing the American
complexion. Like the original FWP, the new version would focus in particular on
those segments of society largely ignored by commercial and even public media.
Reading between the lines, Mr. Pinsky seems to believe laid-off reporters should be able to earn a federal paycheck by writing stories that are too far left even for NPR. Terrific.
Unfortunately, the $700 billion TARP bailout and the proposed bailout of the Big Three automakers make it difficult to reject proposals like this out of hand. While I'm confident a bailout of journalists would never gain political traction, the current atmosphere in Washington practically invites troubled industries or groups to plead for federal funds, regardless of the implications for the taxpayer or for the economy as a whole.
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